Calian Group (CGY) Set to Announce Quarterly Earnings on Tuesday

Calian Group (TSE:CGYGet Free Report) is scheduled to announce its earnings results after the market closes on Tuesday, May 14th. Analysts expect the company to announce earnings of C$1.29 per share for the quarter.

Calian Group (TSE:CGYGet Free Report) last issued its quarterly earnings results on Wednesday, February 14th. The company reported C$0.46 EPS for the quarter, missing the consensus estimate of C$1.07 by C($0.61). The business had revenue of C$179.18 million for the quarter, compared to analyst estimates of C$167.90 million. Calian Group had a return on equity of 6.20% and a net margin of 2.87%.

Calian Group Stock Up 3.2 %

Shares of TSE CGY opened at C$55.85 on Monday. The stock has a market cap of C$661.82 million, a P/E ratio of 33.24, a P/E/G ratio of 2.50 and a beta of 0.92. The firm has a 50 day moving average price of C$56.65 and a 200 day moving average price of C$55.88. The company has a debt-to-equity ratio of 40.20, a quick ratio of 1.20 and a current ratio of 1.01. Calian Group has a 52-week low of C$46.27 and a 52-week high of C$64.88.

Calian Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 13th. Investors of record on Wednesday, February 28th were issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date of this dividend was Tuesday, February 27th. Calian Group’s dividend payout ratio is currently 66.67%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CGY. Royal Bank of Canada boosted their price objective on shares of Calian Group from C$65.00 to C$72.00 and gave the company an “outperform” rating in a report on Friday, February 16th. Cormark boosted their price objective on shares of Calian Group from C$66.00 to C$73.00 in a report on Tuesday, February 20th. Echelon Wealth Partners restated a “buy” rating on shares of Calian Group in a report on Thursday, March 21st. Desjardins boosted their price objective on shares of Calian Group from C$86.00 to C$87.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Finally, CIBC boosted their price objective on shares of Calian Group from C$67.00 to C$75.00 and gave the company an “outperform” rating in a report on Friday, February 16th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$76.17.

View Our Latest Analysis on CGY

Calian Group Company Profile

(Get Free Report)

Calian Group Ltd. provides business services and solutions in Canada and internationally. It operates through four segment: Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS). The company offers systems engineering, software development, integration design, embedded design, operational management and lifecycle support, modelling and simulation-enabled design, and research & development solutions and services; environmental and radiation protection, decommissioning and waste management, regulatory affairs and licensing, and emergency preparedness and training services; and sophisticated communication systems for the satellite industry, such as antennas, RF systems, decimator RF spectrum analyzers, in-orbit test systems, software defined solutions, operations and teleport services, transmitters, receivers, and modems.

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Earnings History for Calian Group (TSE:CGY)

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